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president with something he's never said before or if he wants to save that stuff for a more controlled environment. that will tell us as much about his temperament and his strategy as it will about his plans. let me bring in lawrence o'donnell, chris. lawrence is in the spin room tonight, which i think has yet to begin to spin. lawrence, what do you think the expectations are on both sides tonight? >> reporter: well, rachel, in this room, there are a lot of $10,000 bets going on behind me about what the president is going to say tonight and what mitt romney is going to say tonight. i think the rules actually favor president obama because there are almost no rules. they are going to do two-minute statements, they're each going to get two minutes at the beginning of the subjects that jim leherer will introduce. and discussing not policing 30-second rebuttals and 60-second statements. none of that red light stuff with the clocks and all of that stuff. and when you're in mitt romney's position, where he's actually trying to hide some things, trying to hide the details of the deduction side of his tax
president with something he's never said before or if he wants to save that stuff for a more controlled environment. that will tell us as much about his temperament and his strategy as it will about his plans. let me bring in lawrence o'donnell, chris. lawrence is in the spin room tonight, which i think has yet to begin to spin. lawrence, what do you think the expectations are on both sides tonight? >> reporter: well, rachel, in this room, there are a lot of $10,000 bets going on behind...
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this is a very complicated cocktail of biology, environment and psychology, and it's not a behavioral choice. >> let me play devil's advocate here, and you say nobody chooses to be overweight. >> or anorexic. >> many people say it's the lifestyle choices and the food choices that you make. you are very much in the public spotlight and what are your thoughts on this? >> i definitely think that you absolutely -- i agree with you, doctor, you cannot choose to be obese. you don't choose to be anorexic. it just seems to be people think you probably sit at home and eat tons of food or sit at home and don't eat anything at all and that's a choice, but it's beyond that. >> not just in the news media, and let's take chris christie as an example, a figure who has been publicly criticized about his figure and weight, and he is very overweight and he knows it and admits it and he addressed this issue time and again, and even discussing it with piers morgan. >> i struggle with my weight. i have been struggling a long time with it and i know it would be better for my kids if i got it more under con
this is a very complicated cocktail of biology, environment and psychology, and it's not a behavioral choice. >> let me play devil's advocate here, and you say nobody chooses to be overweight. >> or anorexic. >> many people say it's the lifestyle choices and the food choices that you make. you are very much in the public spotlight and what are your thoughts on this? >> i definitely think that you absolutely -- i agree with you, doctor, you cannot choose to be obese. you...
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Oct 5, 2012
10/12
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on the stage, including the monitor and once that began, i don't know whether he could change that environment what i was frustrated is failure to use the synapse to pop out and sitting here talking you and ji jim lehr about the pbs funding which is okay and cute and fun to talk about, how about the auto industry, i rescued it and you would let it go bankrupt. >> i am if for equal pay of women, he didn't bring up things and let romney get by with some really distracting and really unclear, in fact, untrue statements about healthcare where he said i am for coverage for preexisting conditions, his people later on said he wasn't and he said, in fact, before that he never was really for covering preexisting conditions unless, you know, it is paid for, ahead of time during, you know, continuing coverage, and a couple of times in the last week he said things like well if you get sick we won't let you die in your apartment and get you to er and yet came on last night talking about a national health plan he had which he really doesn't have. i thought he got away with a lot of things showing sympathy f
on the stage, including the monitor and once that began, i don't know whether he could change that environment what i was frustrated is failure to use the synapse to pop out and sitting here talking you and ji jim lehr about the pbs funding which is okay and cute and fun to talk about, how about the auto industry, i rescued it and you would let it go bankrupt. >> i am if for equal pay of women, he didn't bring up things and let romney get by with some really distracting and really...
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Oct 6, 2012
10/12
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the political environment, just like the business world is highly competitive. and with every campaign season, there's always innovation incubators if you will. and so, guess the campaign is a bit of a nonterritorial showcase. and i say this because i think a lot of us think that we see these ads. i guess we think the campaign is like this big marketing machine that spits out the ads we see on television and the canvassers to get on our doors and e-mails that flood our inbox, you know, the phone calls and so forth. but if you peel back the curtain, you might find some in a little bit different. you find a very complex, highly detailed operation. purchased a million things happening at once. things happening around the candidate, things happening around the headquarters operation. things happening in the field offices. everything from, for example, where is the candidate going to stand? is going to stand with the candidate? were a society you should choose for that? how many people should come to the event right down to the helium in the balloons and how we spend
the political environment, just like the business world is highly competitive. and with every campaign season, there's always innovation incubators if you will. and so, guess the campaign is a bit of a nonterritorial showcase. and i say this because i think a lot of us think that we see these ads. i guess we think the campaign is like this big marketing machine that spits out the ads we see on television and the canvassers to get on our doors and e-mails that flood our inbox, you know, the...
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is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting away if that is the case that probably both start to change using their wallets, election day. neil: when you look at the data and the market, if the market is 04 licking mechanism in the market, it can be all over the map. it has been the president's trend, an october surprise or cause pause? in other words, there would just but barring that. president dodges a financial bullet. >> one could argue that the stock market is -- has been artificially propped up by the fed's money printing measures. when the market looks today they look at earnings, we're about to get latest report on quarterly earnings, ubs p
is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting...
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Oct 4, 2012
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clearly those industries would be operating under a very different environment. >> don i'm going to ask you the same question? do you have a different investment strategy and president obama than president romney. >> complete fork in the road. this is a no-brainer. you don't even have to drill down to the sector level. all about the fiscal cliff. if romney is elected president, we're not going to have a short-term fiscal cliff problem because he's not going to veto extending the bush tax cuts. and the republicans aren't going to give him so hard a time hiking the debt ceiling. if obama is elected, he has said over and over he will veto any extension of the bush tax cuts that includes extending the tax cuts for the rich. the house, on the other hand, insists on all the tax cuts being extended. if they can't agree, all tax cuts go away. 5% of disposable personal income is ripped from the economy. the republicans take their vengeance by not raising the debt ceiling. we are back in a great recession mid january. which this country can't take. we can't take it. >> we've wasted all our recove
clearly those industries would be operating under a very different environment. >> don i'm going to ask you the same question? do you have a different investment strategy and president obama than president romney. >> complete fork in the road. this is a no-brainer. you don't even have to drill down to the sector level. all about the fiscal cliff. if romney is elected president, we're not going to have a short-term fiscal cliff problem because he's not going to veto extending the...
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Oct 4, 2012
10/12
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and there's a lot of target-rich environment in the holes that have been offered by the ryan plan. so i think the first thing is, let's get a great vice presidential debate and reset the stage for the president to come out and get after it again. >> ed, thank you so much. we love when we can get you in here early in the morning. >> i like it. it's good to be here. i know a lot of liberals in this country are frustrated right now. this is a bump in the road. it's not a redirect. >> ed schultz, catch him weeknights here on msnbc at 8:00 p.m. he plays for politics. thank you. >>> i just want to point out we are paying attention to what's going on in denver right now with a president obama rally scheduled for 12:05. coming up in roughly an hour. 12:05 eastern time. we'll keep an eye on that. >>> we want to bring in our debate post-game power, joy reed, we have anita dunn, former white house communications director, and john baybender who served on rick santorum's presidential campaign. gang, good to have you here. julian, you were saying yesterday don't try too hard for that moment and
and there's a lot of target-rich environment in the holes that have been offered by the ryan plan. so i think the first thing is, let's get a great vice presidential debate and reset the stage for the president to come out and get after it again. >> ed, thank you so much. we love when we can get you in here early in the morning. >> i like it. it's good to be here. i know a lot of liberals in this country are frustrated right now. this is a bump in the road. it's not a redirect....
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Oct 2, 2012
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. >> well, this is a tricky business because you have a coal situation and environment and all those concerns. how do you win on that argument in your state and how is mandel running that case? he seems like he's stuck with the romney idea. >> yeah, he is. and i think you win on that by, you know, you know, we've talked enough on this show, chris, and you get this better than almost anybody, that it's not liberal/conservative, left or right, it's whose side you're on. i go to belmont county and zanesville and cambridge and woodsfield and these communities in appalachia. they know i want to keep programs strong for veterans. veterans have a higher unemployment rate. we're always working on helping with manufacturing. there's a lot of small manufacturers in these small communities, and i want to make sure that these workers get an opportunity to send their kids to school. we have more coal mine jobs today in ohio than we did four years ago. it's not a huge number anymore, but it matters in our state, and we're seeing those -- i think those miners come around and support the president i
. >> well, this is a tricky business because you have a coal situation and environment and all those concerns. how do you win on that argument in your state and how is mandel running that case? he seems like he's stuck with the romney idea. >> yeah, he is. and i think you win on that by, you know, you know, we've talked enough on this show, chris, and you get this better than almost anybody, that it's not liberal/conservative, left or right, it's whose side you're on. i go to...
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Oct 5, 2012
10/12
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maybe it won't be so easy in a town hall environment, the president will probably overreact. he was angry today, he called romney a liar, petulant. he is arrogant. he has never taken a punch. he is used to hail to the chief and i'm great, etsetra. i think, it wasn't just style, it was substance. it was a deep, deep knowledge that he showed on the economy, on the deb, on the deficit, on health care. every issue that came up. and obama stammering, stambling, without that teleprompter, this guy is lost. this is a myth that was shattered last night. he was reduced in 90 minutes, before the american people, i felt. >> yeah. that's because romney had a clarity of purpose, a clarity of mind, a clarity of principles that we know that obama has lacked for a long, long time. i think that going forward now, there is now an extra burden on these liberal journalists to do-- >>> not going to happen. >> a lot of the left thought that jame lehrer failed at. i think that's what romney and ryan vato brace for. there will be a town hall format. from my recollection of covering the last several
maybe it won't be so easy in a town hall environment, the president will probably overreact. he was angry today, he called romney a liar, petulant. he is arrogant. he has never taken a punch. he is used to hail to the chief and i'm great, etsetra. i think, it wasn't just style, it was substance. it was a deep, deep knowledge that he showed on the economy, on the deb, on the deficit, on health care. every issue that came up. and obama stammering, stambling, without that teleprompter, this guy is...
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Oct 4, 2012
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in a polarized environment. governor romney wants to be elected president because he wants to govern and get things done. he did that in massachusetts. he was able to work with a democratic legislature -- 87% of the state house and state senate in massachusetts, when he was the republican governor, were democrats. and yet they were able to cut taxes 19 times and get things done. they improved the bond rating for the state of massachusetts, by the way. they got an upgrade. we've seen a downgrade in the united states. they saw household incomes go up under governor romney's time in office by $5,000. household incomes have gone down by $4,300 under president obama. unemployment went down to 5.6% under governor romney in massachusetts. it's gone up to above 8% under president obama. he knows how to govern. and he knows how to lay out the principle, bring people together to achieve those goals in the legislative process, and that's what he's going to do here for america if he's elected. >> i understand that, but brie
in a polarized environment. governor romney wants to be elected president because he wants to govern and get things done. he did that in massachusetts. he was able to work with a democratic legislature -- 87% of the state house and state senate in massachusetts, when he was the republican governor, were democrats. and yet they were able to cut taxes 19 times and get things done. they improved the bond rating for the state of massachusetts, by the way. they got an upgrade. we've seen a downgrade...
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we'll see how well romney adapts to that environment. >> i'm hoping candy crowley gets more in there. she's much more political than jim lehrer. she'll say follow up on that, answer it. >> i think she will. she will be aware of all the critique of jim lehrer that's gone on. i think mark raises a very, very good point as he so often does. the format for the next debate is a format that favors somebody who is more comfortable with people and who is a little more easy. >> can you fake it? >> well, you know, i think this is a form that -- >> can you fake it? >> i think you can fake it a little bit but not very much. i'm not sure mitt romney is going to be able to fake it. i think the president that we saw in denver the day after the debate is the president that we're likely to see in the town hall meeting coming up next time and you're going to see joe biden unleashed, i think, in the next debate. >> that's going to be fun. >> maybe the most interesting of all of them. >> tout that one this week. biden is twice his aim. he's a lot more friendly. he's almost like a big, you know, a big st.
we'll see how well romney adapts to that environment. >> i'm hoping candy crowley gets more in there. she's much more political than jim lehrer. she'll say follow up on that, answer it. >> i think she will. she will be aware of all the critique of jim lehrer that's gone on. i think mark raises a very, very good point as he so often does. the format for the next debate is a format that favors somebody who is more comfortable with people and who is a little more easy. >> can you...
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Oct 8, 2012
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equity investors and not having had any impact and all the employees could enjoy a more stable working environment. we could do that to the government, if you will. i think there's a certain amount of risk you are willing to take and you take off the workers and push it on to the equity investors, they will simply dial down the risk-taking to compensate -- you will have a general contraction or slowing of the growth rate of the economy. it's kind of a zero-sum game in that sense. >> host: although i do think most people's perspective in this country is that the risk currently faced by middle-class people who might have their labor redeployed is much greater than the risk actually being felt, faced by high earned income and vested. it's hard to disagree with it. >> guest: i think of making a moral point as opposed to an economic point. unfortunately, i don't think that risk drives up the growth rate of the economy and create jobs. >> host: actually in a way to because to some extent that risk is labor redeployment and you think that risk is sort of beholden on people that might lose their jobs can
equity investors and not having had any impact and all the employees could enjoy a more stable working environment. we could do that to the government, if you will. i think there's a certain amount of risk you are willing to take and you take off the workers and push it on to the equity investors, they will simply dial down the risk-taking to compensate -- you will have a general contraction or slowing of the growth rate of the economy. it's kind of a zero-sum game in that sense. >> host:...
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this is a complicated cocktail of biology, and environment and psychology. >> no one chooses to be overnight. >> absolutely. or anorexic. >> many people will say, yes, you do. it's the lifestyle choices that you make. and the food choices that you make. emme, you're much in the public spotlight. what's your thoughts on this? >> i think that -- i agree with you. you cannot choose to be obese. you don't choose to be anorexic. it just seems to be that, yes, people would think. you probably sit at home and you eat tons of food. or you sit at home and don't eat anything at all. that's a choice. it's beyond that. >> not just in the news media, emme. let's take chris christie as an example of a figure who has been very publicly criticized, frankly, about his figure, his weight. >> yes. >> the governor is very overweight. he knows it. he admits it. he's addressed this issue time and again. even discussing it with cnn's piers morgan. >> the thing i'm -- my weight. i know it would be better for my kids if i got it more under control. and so, i do feel a sense of guilt, at times, about that. >> okay. i
this is a complicated cocktail of biology, and environment and psychology. >> no one chooses to be overnight. >> absolutely. or anorexic. >> many people will say, yes, you do. it's the lifestyle choices that you make. and the food choices that you make. emme, you're much in the public spotlight. what's your thoughts on this? >> i think that -- i agree with you. you cannot choose to be obese. you don't choose to be anorexic. it just seems to be that, yes, people would...
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Oct 4, 2012
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i do not want to kill jobs in this environment. >> let him answer the taxes thing for a moment. >> we had this discussion before. but in order to reduce the deficit, there has to be revenue in addition to cuts. >> gov. romney has ruled out revenue. >> absolutely. the revenue i get is by more people working and getting higher pay and pay more taxes. that is how we balance the budget. the idea of putting more people out of work, you will never get there. you never balance the budget by raising taxes. spain spends 42% of their total economy on government. now spending 42% of our economy of government. i want to go down the plan of growth that puts a americans to work with more money coming in because they are working. >> in order to get the job done, it has to be balanced. >> we have to take a balanced, responsible approach. this is not just when it comes to individual taxes. let's talk about corporate taxes. i have identified areas where we can make a change that i believe would help the economy. the oil industry gets $4 billion a year in corporate welfare. they did deductions that smal
i do not want to kill jobs in this environment. >> let him answer the taxes thing for a moment. >> we had this discussion before. but in order to reduce the deficit, there has to be revenue in addition to cuts. >> gov. romney has ruled out revenue. >> absolutely. the revenue i get is by more people working and getting higher pay and pay more taxes. that is how we balance the budget. the idea of putting more people out of work, you will never get there. you never balance...
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Oct 5, 2012
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there are so many things that need to get addressed jobs the economy, our environment, all sorts of improvement in transportation infrastructure, investing in our bridges, countless things that need to be done. >> stephanie: yep, absolutely. well, i think it's a whole new day, and just the outrage over big bird alone, i think is giving the president a fresh wind at his back. >> isn't it great that we can remove regulation on wall street and then go exact dollars from sesame street. >> stephanie: there you go. >> that's enough to ruffle your feathers i think. >> there you go. >> stephanie: more bird jokes. all right. representative tonko, thank you, honey. have a great day. >> thank you. >> stephanie: we'll be right back on the "stephanie miller show." >> announcer: if you turn her on, she'll turn you on. >> oh, god. >> announcer: it's the "stephanie miller show." ♪ (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. (vo) she's joy behar. >>current will let me say anything. ♪ >> announcer: stephanie
there are so many things that need to get addressed jobs the economy, our environment, all sorts of improvement in transportation infrastructure, investing in our bridges, countless things that need to be done. >> stephanie: yep, absolutely. well, i think it's a whole new day, and just the outrage over big bird alone, i think is giving the president a fresh wind at his back. >> isn't it great that we can remove regulation on wall street and then go exact dollars from sesame street....
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Oct 8, 2012
10/12
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i grew up in a religious environment and i am proud of it. i was into the priest. i'm proud of that. i would probably enormously angry right now. so i am grateful for my faith and on and on apologetic about it. >> this is pretty remarkable we started talking a little bit about how it has changed over time. we could have also added to the 19th amendment and women becoming a part of this part of the democratic inclusion. [laughter] but most of the amendments have made it more perfect. they got rid of it. >> ausley understand. >> it is pretty extraordinary. the constitution frees up every american to be eligible for public office, and there is no religious test and that wasn't the prominent feature of the state constitutions. a lot of them actually had religious tests. >> you have the establishment in religion. so, on a understand that but i simply say that the country moved on. i grew up at a time people were respectful of religion and religious people. on grew up when the church was open all the time and nobody broke and and nobody engaged in sacrilegious conduct. i
i grew up in a religious environment and i am proud of it. i was into the priest. i'm proud of that. i would probably enormously angry right now. so i am grateful for my faith and on and on apologetic about it. >> this is pretty remarkable we started talking a little bit about how it has changed over time. we could have also added to the 19th amendment and women becoming a part of this part of the democratic inclusion. [laughter] but most of the amendments have made it more perfect. they...
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Oct 9, 2012
10/12
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>> it will certainly be a different environment and some different people. and reality will face is because of the things you have been talking about. we are either going off the cliff are we are not. we are either making a big deal or we are not. we are either getting the debt limit extended or not. we are either keeping our modest but very important economic growth or we are not. and those issues are going to bring people to a fundamental reality that it may be the same structure, which i hope it's not. it may be the same structure, division of authority, but it's not the same time, and you either fix it or live with it. >> so you think that if we had the same makeup we had, politicians would come to washington next january, deciding that doing a deal is less painful than not doing a deal, in order to get things fixed that you talked about, the tax code, regulation, not clear on what would happen with regulation, energy, immigration, issues that all of you think need to get fixed, do you think american can do the? >> we've had a lot of committees of six, 1
>> it will certainly be a different environment and some different people. and reality will face is because of the things you have been talking about. we are either going off the cliff are we are not. we are either making a big deal or we are not. we are either getting the debt limit extended or not. we are either keeping our modest but very important economic growth or we are not. and those issues are going to bring people to a fundamental reality that it may be the same structure, which...
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Oct 9, 2012
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but on the other hand, we can't panic if an environment of that -- in an environment of that sort. we, you know, you said how transitions are unpredictable, and there are all kinds of -- i don't remember the term that you used. but when you look at all of that, this is the time not to pull back. there's still important american interests. you need to engage. the outcome is not decided. there is a battle going on in each one of these countries. and if you don't weigh in diplomatically and economically and militarily if need be, the outcome isn't going to be to your liking, and the worst thing to do is to assume it's all the same, you can't do anything about it and pull back. that is a mistake, and i think panic is the wrong strategy. >> okay. i think those are two strong endorsements for an interest-based approach. i think the challenge in the democratic society, ours as well as on the other side, is whether you can sustain support for such an approach. hisham said love's got nothing to do with it. >> i like to quote -- [laughter] tina turner. >> i love your wife. >> look, i know ti
but on the other hand, we can't panic if an environment of that -- in an environment of that sort. we, you know, you said how transitions are unpredictable, and there are all kinds of -- i don't remember the term that you used. but when you look at all of that, this is the time not to pull back. there's still important american interests. you need to engage. the outcome is not decided. there is a battle going on in each one of these countries. and if you don't weigh in diplomatically and...
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Oct 3, 2012
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if you have two the candidates in a fairly controlled environment even with a skilled moderator letting them to go at each other worse during the debate, that is one thing. if it is just a complete free for all, i think the campaigns would never risk it. >> in the first debate, i that nixon wasworward one of the smartest politicians ever to be vice president, and of course later the president. and he was the most gracious. and that did not come across in the debates. now, why was that? no one seems to have asked that question. was he overhauled by kennedy's wealth? his tan? that is what i would have wanted to know. when nixon did not bring those out any first debate as he did in the next three. i do not think it is an easy question. >> on the fact checking, one thing that i think is helpful is to go to multiple of the fact checking organization, there's the washington post. but go to several and get a consensus about what people have to say about the candidate's statements. >> we will go to a question from the studio. >> i have a question for charlton mcilwain. i have been intrigued by
if you have two the candidates in a fairly controlled environment even with a skilled moderator letting them to go at each other worse during the debate, that is one thing. if it is just a complete free for all, i think the campaigns would never risk it. >> in the first debate, i that nixon wasworward one of the smartest politicians ever to be vice president, and of course later the president. and he was the most gracious. and that did not come across in the debates. now, why was that? no...
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Oct 4, 2012
10/12
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. >> this is segment 3 on the economy, environment. the first answer goes to you, mr. president. there is the major difference in your view on social security? >> we have a somewhat similar position. social security is structurally sound.+ pt will have to be tweaked the way was by ronald reagan and tip o'neill, but it is structurally sound. i want to talk about the values behind social security and medicare. my grandmother helped raise me. my grandfather died awhile back. my grandmother died three days before i was elected president. she only had a high school education, started as a secretary and ended up being the vice president of a local bank. she ended up living alone, by choice. theeason she could be independent was because of sscial security and medicare. she had worked all her life, put in the money, and understood there was a basic area of helping the poor.%+ that is what i think of when i think of entitlement. the name itself imply some sense of dependency on theepart of the spokess there are millions of people out there who are counting on this. my approach is to say h
. >> this is segment 3 on the economy, environment. the first answer goes to you, mr. president. there is the major difference in your view on social security? >> we have a somewhat similar position. social security is structurally sound.+ pt will have to be tweaked the way was by ronald reagan and tip o'neill, but it is structurally sound. i want to talk about the values behind social security and medicare. my grandmother helped raise me. my grandfather died awhile back. my...
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Oct 7, 2012
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the numbers and said unemployment is 7.8 even though this has been over 8, can you make money in this environment? >> yeah, my gosh the stock market is doing fantastically unbelievably well. there has been astounding jim uptick in real estate inding certain parts of the country. amazing real estate rally in some parts of the nation's capital and in south, florida. the real estate market i think is recovering unless something comes along to knock it down. there throw the football is a recovery in real estate coming and it could be a doozy. i could be totally wrong but we have such a push from the federal reserve it could be a substantial rally. >> judge jeanine: what is scary is that it doesn't feel that way. some americans have lost their home and they are out of work and working two jobs. >> i agree. >> judge jeanine: everybody has been knocked down. >> not everybody. >> judge jeanine: maybe we run in different circles. let's go back to what i teased this segment with and that is that you did a tweet that someone should resign, hillary clinton in particular, for failing to protect our ambassador
the numbers and said unemployment is 7.8 even though this has been over 8, can you make money in this environment? >> yeah, my gosh the stock market is doing fantastically unbelievably well. there has been astounding jim uptick in real estate inding certain parts of the country. amazing real estate rally in some parts of the nation's capital and in south, florida. the real estate market i think is recovering unless something comes along to knock it down. there throw the football is a...
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i don't want to kill jobs in this environment. i want to make one more point. >> let mihim answer the tax thi for a moment. >> we've had this discussion before. >> about the judged nidea in or reduce the deficit there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is more people working, getting higher pay, paying more taxes. that's how we get growth and balance the budget. the idea of taxing people more, putting more people out of work, you will never get there, you never balance the budget by raising taxes. spain spends 42% of their total economy on government. we're now spending 42% on our economy to government. i don't want to go down the path of spain. i want to put more americans to work. >> mr. president, in order to get the job done, it is going to be balanced? >> if we're serious, we have to take a balanced, responsible approach. by the way, this is not just when it comes to individual taxes, let's talk about corporate taxes. now, i have identified areas where we can
i don't want to kill jobs in this environment. i want to make one more point. >> let mihim answer the tax thi for a moment. >> we've had this discussion before. >> about the judged nidea in or reduce the deficit there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is more people working, getting higher pay, paying more taxes. that's how we get growth and balance the budget. the idea of taxing people more,...